Mexico’s natural gas market presents numerous growth opportunities, including the largely untapped residential and vehicular segments, a panel of experts agreed Friday. The discussion was part of the Encuentro Internacional de Energía México 2020 event organized by Oil & Gas Magazine. Ricardo Ortiz Hernández, a board member of the Asociación Mexicana de Gas Natural (AMGN),…
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More than 12 million energy utility customers in California pay less than the national average for natural gas and electricity, and the wealthiest residential consumers tend to pay the highest monthly bills on average, according to a study done by the California Public Utilities Commission (CPUC) planning division.
Low natural gas prices mean pain at the wellhead, but they continue to bring smiles at the residential burner tip, according to the latest J.D. Power customer satisfaction survey of gas utility customers.
Retail natural gas utility rates in Colorado will increase by 14-17% in the first quarter compared to the same period this year, Minnesota-based Xcel Energy said. The combination utility’s electric utility rates will drop slightly quarter over quarter.
Government agency said it also expects Americans to spend more this winter to heat their homes with natural gas.
Based on projections of flat natural gas demand, record production and unseasonably warm weather, natural gas prices this winter are expected to be flat compared with a year ago, when Henry Hub prices averaged $3.47/MMBtu, according to the Natural Gas Supply Association’s (NGSA) 13th Annual Winter Outlook.
Natural gas will remain the most affordable heating option for most residential customers this winter, with mild temperatures expected to keep any increase in gas bills at no more than 5-10% compared with last winter, according to the American Gas Association (AGA).
Noting that the state’s climate change mediation goals call for investing billions of dollars in energy efficiency, California regulators on Thursday approved $65.9 million to conduct five pilot energy efficiency programs using utility ratepayer-supported financial mechanisms. Pilot programs will be phased in beginning in the fourth quarter.
Retail natural gas utility bills for residential and small business customers in Colorado are expected to increase 8% in the fourth quarter, compared with the same quarter last year, Xcel Energy’s Denver-based combination utility told Colorado state regulators Monday.
Constitution Pipeline Co. has finalized the route it will propose for a Marcellus Pipeline in a certification application it expects to file with FERC this spring, the company said in a project update newsletter sent to landowners and other stakeholders.